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Two economically unsound business practices used by corporations during the 1920s?
Wiki User
∙ 12y ago
Buying on margin because it would only work if the demand continued to rise.
Stock because if the marked crashed then everyone involved in the bank would lose their money.
Wiki User
∙ 12y ago
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What were the signs of unsound economy in the 1920s?
unequal distribution of wealth.
Which of the following was a sign of an unsound economy during the 1920s?
more goods were being produced than consumers could buy
During the 18th century who suggested the government should follow a policy of laissez-faire?
In his book called the Wealth of Nations, Adam Smith analyzes and explains his view of economics and what system may be the best one to implement into a nation's economic policies. Smith came to the conclusion that Mercantilism was unsound. He recommended a capitalistic system, a laissez-faire system.
Does the government not regulate crude oil prices because President Bush and people in his administration have investments in oil stocks?
Crude Oil is regulated by the market through trading. The government's controlling oil prices is socialist idea. Government regulation has taught us many things. See "Communism." Assuming just for argument's sake that President Bush and his associates and friends have stock in oil companies, what makes you think that that is a possible reason for the lack of price regulation? If President Bush were as powerful as you seem to think he is, why wouldn't he be in favor of regulation and setting prices HIGHER than they are right now? The reason there is no price regulation is simple: it doesn't work, because it's economically unsound. Setting price limits on any commodity, including oil and gas, does one thing for certain: it causes shortages in that commodity. So the next time you hear somebody advocating for price controls, keep in mind that he is therefore advocating for shortages and long lines at the pumps as gas stations run out of gas.
How is finance commission related with planning commission?
The Finance Commission of India came into existence in 1951. The Finance commission is established under article 280 of the Indian Constitution of India by the President of India. The Indian Finance Commission Act was passed to give a structured format to the Finance Commission of India as per the world standard. The need for the Finance Commission was felt by the British for guiding the finance of India. The structure of the modern Act was laid in the early 1920's. The Finance Commission is formed to define the financial relations between the centre and the state. The Finance Commission Act of 1951 tells about the qualification, appointment, term, eligibility, disqualification, powers etc of the Finance Commission.Functions Of The Finance CommissionThe Finance Commission's duty is to recommend to the President as to-The distribution of net proceeds of taxes between the Union and the States.To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Panchayat in the state.To evaluate the increase in the Consolidated Fund of a state to affix the resources of the Municipalities in the state.Implementation Of The Recommendation Of Finance CommissionThe recommendation of the Finance Commission are implementedBy an order of the President or by executive orders.Powers of the Commission:The Finance Commission has the following powers:The Commission shall have all the powers of the Civil Court as per the Code of Civil Procedure, 1908.It can call any witness, or can ask for the production of any public record or document from any court or office.It can ask any person to give information or document on matters as it may feel to be useful or relevant.It can function as a civil court in discharging its duties.Qualifications for appointment and the manner of selection:The Chairman of the Finance Commission is selected among persons who have had the experience of public affairs, and four other members are selected among persons whoAre, or have been, or are qualified as judges of High Court, orHave knowledge of finance, orHave vast experience in financial matters and are in administration, orHave knowledge of economicsTerm of Office of the members:Every member of the commission shall be in the office as specified by the President. He can also be reappointed, provided that he has already addressed a letter to the President for his resignation.Conditions of service and salaries and allowance of members:Each member should provide whole time or part time service to the Commission as the President with respect to each case might specify.Each member shall receive salaries according to the provisions made by the central government.Disqualification:A member may be disqualified if:He is of unsound mind.He is involved in a vile act.If his interests are likely to affect the smooth functioning of the Commission.The Finance Commission is a constitutional body while the Planning Commission is not statutory and merely an advisory body.The Planning Commission is an institution in the Government of India, which formulates India's Five-Year Plans, among other functions.While some of their functions overlap, by and large the Finance Commission focuses on non-plan revenues (administrative costs of government etc) and expenditure while the Planning Commission focuses on plan expenditure (social schemes and infrastructure)
What is an unsound argument?
An unsound argument is a theory or hypothesis that does not have a logical base. For instance, the idea that the sun revolves around the earth is an unsound argument.
What are the release dates for Unsound - 2014?
Unsound - 2014 was released on: USA: 2014
When was Unsound - album - created?
Unsound - album - was created on 2006-06-06.
When was Unsound Methods created?
Unsound Methods was created on 1997-10-27.
Is it okay to have an unsound horse?
It is never OK to have a unsound horse, otherwise you will have to try everything to make it sound again.
What actors and actresses appeared in Unsound Conditions - 2009?
The cast of Unsound Conditions - 2009 includes: Betsy Sawyer as Ann
What is the opposite sane?
insane, unsound
Can an argument be invalid and sound?
No, but it can be unsound and valid.
An argument uses unsound reasoning?
fallacious
What did African-Americans do to eliminate slavery?
Slavery ended because enslaved people and their allies continued to rebel against it, through uprisings, underground railroads, maroon communities, work slowdowns, building up the abolitionist movement, and making it politically and economically unsound to allow it to continue.
What is sound and unsound?
It describes two kinds of argument in logic. A sound argument is valid (logically coherent) and its premises are true. And unsound argument is not sound.
What are the release dates for Unsound - 2011 II?
Unsound - 2011 II was released on: USA: 7 September 2011 (Southern California International Film Festival)
